Nov 14 (Reuters) - Volvo Car AB:

* SELLS 30 PER CENT STAKE IN LYNK & CO TO ZEEKR

* DEAL REPRESENTS CONSIDERATION OF RMB 5.4 BILLION (APPROX. SEK 8 BILLION)

* 70% OF CONSIDERATION PAID AT CLOSING, 30% PLUS INTEREST AFTER ONE YEAR

* HAS BEEN A MINORITY SHAREHOLDER OF LYNK & CO SINCE COMPANY WAS SET UP IN 2017.

* TRANSACTION IS EXPECTED TO CLOSE DURING Q1 OF 2025.

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(Gdansk Newsroom)